http://www.trade2win.com/boards/ en Fri, 20 Nov 2009 22:03:36 GMT vBulletin 60 http://www.trade2win.com/boards/images/misc/rss.jpg http://www.trade2win.com/boards/ http://www.trade2win.com/boards/general-trading-chat/79908-call-random-trade.html Fri, 20 Nov 2009 16:44:56 GMT I need to blow up my free spreadbetting account; but i'm so god damn talented its impossible for me to do it on my own.

Just call a random trade, with a stop loss and a target and i'll place it.

Go! Yeahhh Yeahhh Yeahhhh

I'll go first
'Long @ Market, Sell instantly @ market'
Now that losing the spread is out the way... Lets continue. ]]> General Trading Chat GladiatorX http://www.trade2win.com/boards/general-trading-chat/79908-call-random-trade.html http://www.trade2win.com/boards/general-trading-chat/79894-tradestation-vs-esignal.html Fri, 20 Nov 2009 11:34:28 GMT Hi peeps... Soon i will need to get rid of mine Sierra charts and choose between Tradestation and Esignal as charting solutions. Is there anyone who has used both charting packages and can tell me is there any significant difference between those two softwares? Thanx! Best, VTK Hi peeps...

Soon i will need to get rid of mine Sierra charts and choose between Tradestation and Esignal as charting solutions.
Is there anyone who has used both charting packages and can tell me is there any significant difference between those two softwares?
Thanx!
Best,
VTK ]]> General Trading Chat VingTsunKuen http://www.trade2win.com/boards/general-trading-chat/79894-tradestation-vs-esignal.html http://www.trade2win.com/boards/general-trading-chat/79892-hate.html Fri, 20 Nov 2009 11:33:44 GMT Guys im about to open an account with IB brokers but HATE their platform...apart from tradestation what front end could I use to route my trades through IB which has ok charts, is free and I can automate my trades? J Guys im about to open an account with IB brokers but HATE their platform...apart from tradestation what front end could I use to route my trades through IB which has ok charts, is free and I can automate my trades?

J ]]> General Trading Chat jamespp83 http://www.trade2win.com/boards/general-trading-chat/79892-hate.html http://www.trade2win.com/boards/general-trading-chat/79868-paper-trading-vs-reality.html Fri, 20 Nov 2009 06:36:46 GMT Well, this is my first post, and most likely my last. My Question is: Am I ready for the real deal? I have been considering becoming a full-timer. I have been paper trading now for about 50 market sessions(w 50,000 monopoly dollars). I have been a fairly consistent winner. I use a fairly... Well, this is my first post, and most likely my last.

My Question is: Am I ready for the real deal?

I have been considering becoming a full-timer. I have been paper trading now for about 50 market sessions(w 50,000 monopoly dollars). I have been a fairly consistent winner. I use a fairly simple system relying on an oscillating indicator and support and resistance levels. Typically, I make between 1-10 trades per day with an avg hold time of about an 1.5 hrs. I trade only extremely liquid equities on the NYSE, so slippage should be minimal (I try to account for this anyways).

Academically, I have a fairly strong statistics background, and I know exactly where I stand theoretically. What I am concerned about is the psychological aspect of trading. I consider myself a fairly cold-blooded or even-tempered person, but still this aspect of trading concerns me.

In your opinion, do you think my paper trading has adequately prepared me for the real deal, or should I continue to paper trade to refine my system/gain more confidence?

Please, serious responses only.

Thanks in advance. ]]> General Trading Chat gmosey http://www.trade2win.com/boards/general-trading-chat/79868-paper-trading-vs-reality.html http://www.trade2win.com/boards/general-trading-chat/79866-greatest-traders.html Fri, 20 Nov 2009 05:18:19 GMT The Greatest Traders What separates the 10% that make money from the 90% that don’t? 10,000 hours. In his recent book ‘Outliers’ Malcolm Gladwell describes the 10,000-Hour Rule, claiming that the key to success in any cognitively complex field is, to a large extent, a matter of practicing... The Greatest Traders

What separates the 10% that make money from the 90% that don’t?

10,000 hours.

In his recent book ‘Outliers’ Malcolm Gladwell describes the 10,000-Hour Rule, claiming that the key to success in any cognitively complex field is, to a large extent, a matter of practicing a specific task for a total of around 10,000 hours. 10,000 hours equates to around 4hrs a day for 10 years. For some reason most people that ‘try their hand’ at trading view it as a get rich quick scheme. That in a very short space of time, they will be able to turn $500 into $1 million! It is precisely this mindset that has resulted in the current economic mess, a bunch of 20-somethings being handed the red phone for financial weapons of mass destruction. The greatest traders understand that trading much like being a doctor, engineer or any other focused and technical endeavor requires time to develop and hone the skill set. Now you wouldn’t see a doctor performing open heart surgery after 3 months on a surgery simulator. Why would trading as a technical undertaking require less time?

Trading success, comes from screen time and experience, you have to put the hours in!

Education, education, education.

The old cliché touted by politicians when they can’t think of anything clever to say to their audience. The importance of education to success in trading cannot be placed on a high enough pedestal. You have to learn to earn, the best traders work obsessively to refine their edge further to stay ahead of the curve.

Think for yourself.

"NO! NO! NO!"... "Bear Stearns is not in trouble"..."Don't move your money from Bear! That's just silly! Don't be silly!"

A quote from well known stock guru Jim Cramer aired on CNBC days before Bear Stearns lost 90% of its value. Many followed this call and felt the obvious pain as a result. As the old saying goes, “too many cooks spoil the broth” it is very much the same in trading. Successful traders blinker themselves from the opinions of others; they focus on their own analysis of fundamental and technical information.

Adapt or Die.

Market conditions change and technology advances, thus the conditions for trading are always evolving, the rise in mechanical trading is testament to that. The very best traders through a process of education and adaptation are constantly staying ahead of the curve and creating ever new and ingenious methods to profit from the markets evolution.




Fail to plan, you plan to fail.

The best traders have a well documented plan; they know exactly what they are looking for and follow that plan to the letter. Their preparation for a trade starts long before the market open, it is this meticulous planning and importantly adherence to that plan that helps them avoid the biggest demons for any trader, over trading and revenge trading.

“Be like Machine”

As human beings emotions pay a key role in our existence, for a trader emotions can be a source of great pain. Trading psychology and the management of your emotions in a trade play a key role in overall success. Fear and greed can cut your winners short and let your losers run. Dealing with emotions follows on from your plan; the more robust your plan the less likely you are to fall into the emotional mine field.

Know your tools

Every trader has a set of tools they use, DOM, Charts, News feeds etc. These tools are a traders bread and butter; they are the most vital part of a traders arsenal, without which it would be impossible to trade. The best traders have mastered their order entry methodology, they know all about the features they need from their charts. This mastery of their tools, allows the trader to get the very best out of the resources they have available to them and ensures perfect execution of their trading ideas.

Know Thyself

Behind all the egos and excess, the best traders know their limitations; they focus on what can go wrong in a trade, and expend a lot of energy in limiting and controlling their risk before thinking about profits. They have a heightened sense of self-awareness and focus on incremental self improvement.

Profit & Loss

The best traders focus on the trade itself rather than the P&L; they view each trade as a technical exercise and focus on getting the most out of the market in accordance with their plan. They do not think in terms of the grocery payment, the electric bill and the desire to make X amount to cover a mortgage payment. Focusing on the money behind a trade can cloud technical objectivity.

In Conclusion

The greatest traders work hard to get ahead and even harder to stay ahead. Through increased and niche knowledge they constantly adapt with the market and remain profitable in every environment. Drive, tenacity and the will to succeed is the greatest edge of every successful trader. ]]> General Trading Chat aamarx http://www.trade2win.com/boards/general-trading-chat/79866-greatest-traders.html http://www.trade2win.com/boards/general-trading-chat/79824-trading-makes-you-loney.html Thu, 19 Nov 2009 16:02:07 GMT One of the worst elements in trading is trading on your own with no socialness, its just you and the online players, trading the markets, Do you miss social aspect of work? meeting and talking to new people and not having freinds to talk to? How do you cope with that Lonely aspect of trading? Do... One of the worst elements in trading is trading on your own with no socialness, its just you and the online players, trading the markets, Do you miss social aspect of work? meeting and talking to new people and not having freinds to talk to?
How do you cope with that Lonely aspect of trading? Do you have people at your home you can talk to when you need a chat?
or do you chat to your trader pals? when your at boredom levels? You need to meet the opposite sex interaction.
Do you go out as much as your can in the evenings to get away from your locked room?
What do you do when the markets are consolidating with low point range movements? Can you torarate those bordom levels?
No one realy wants to be in a dull trade going no where or watching small point movements do they?
If your trading all day do you find it boring talking about trading to your freinds when you need a freshness of another subject? ]]> General Trading Chat LostPigeonCoo http://www.trade2win.com/boards/general-trading-chat/79824-trading-makes-you-loney.html http://www.trade2win.com/boards/general-trading-chat/79814-obama-too-much-debt-could-fuel-double-dip-recession.html Thu, 19 Nov 2009 14:26:02 GMT BEIJING, Nov 18 (Reuters) - President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession. With the U.S. unemployment rate at 10.2 percent, Obama... BEIJING, Nov 18 (Reuters) - President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.

With the U.S. unemployment rate at 10.2 percent, Obama told Fox News his administration faces a delicate balance of trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction.

more...

http://www.reuters.com/article/marke...88108620091118 ]]> General Trading Chat kaciara http://www.trade2win.com/boards/general-trading-chat/79814-obama-too-much-debt-could-fuel-double-dip-recession.html http://www.trade2win.com/boards/general-trading-chat/79812-stocks-close-up-down-today.html Thu, 19 Nov 2009 13:53:39 GMT Stocks to close up or down today? Stocks to close up or down today? ]]> General Trading Chat SSINGH http://www.trade2win.com/boards/general-trading-chat/79812-stocks-close-up-down-today.html http://www.trade2win.com/boards/general-trading-chat/79792-interview-stock-trader-alan-rich.html Thu, 19 Nov 2009 10:26:24 GMT This is a forum thread for discussing the Knowledge Lab Article, "Interview with Stock Trader Alan Rich". ]]> General Trading Chat T2W Bot http://www.trade2win.com/boards/general-trading-chat/79792-interview-stock-trader-alan-rich.html http://www.trade2win.com/boards/general-trading-chat/79782-cavr.html Thu, 19 Nov 2009 04:48:07 GMT TULSA, OK--(Marketwire - 11/18/09) - CAVU Resources, Inc. (Pinksheets:CAVR - News) is pleased to announce that it's wholly owned subsidiary CAVU Resources One, LLC, formed as a drilling and lease Acquisition Company has received the first initial $50,000 investment on its $5 Million Dollar Private Placement. The Limited partnership, CAVU Resources One, LLC has targeted both new wells and leases in proven areas.

Related Quotes
Symbol Price Change
CAVR.PK 0.38 +0.04


{"s" : "cavr.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} The first use of funds will be used to re-work two shut-in wells in our Hogshooter lease and pipeline project. We believe that there are at least 2 reservoirs co-mingle in these wells, even if co-mingling is not done, we anticipate that re-working the original reservoir (Rowe Coal Seam) should generate about 20 MCFD, which would put the total production from these 2 wells at a conservative 55 MCFD. These wells also have Bartlesville oil production (as evidence by oil production surrounding the lease that can be tapped and put into production. The wells should also co-produce gas and oil. Utilizing current completion techniques we believe we may be able to generate cumulative oil production of 3-5 BOPD from these 2 wells.

We have also identified 8 locations for new wells. By offsetting known producers that did 115 MCFD and 70 MCFD, we believe that there is a very high likelihood that these new wells will have IP rates of between 50 and 75 MCFD. For the assumptions, we used a conservative 45 MCFD per well, which would put the total project gas production at ~235 MCFD. There is also a very good chance that the Bartlesville will have commercial quantities of oil and we are estimating a total of ~10 BOPD from all 8 of these wells. There is also known production below the Rowe in the Mississippi, which was largely untested in this area as the "old timers" usually stopped drilling at the Bartlesville above it. As such, we are eager to test formations below the Mississippi that have never been tested in this area, some of which have a good chance of having significant oil and/or gas from these deeper reservoirs.

"We are pleased to have kicked off this drilling program," said William C. Robinson, President, CAVU Resources, Inc. "This drilling program will allow the Company to execute on our plans to explore and develop the Hogshooter lease and pipeline and structure future opportunities for the company."

About CAVU Resources, Inc.

During World War II, Navy fighter pilots would look up at the sky and if it was a 'CAVU' day then it meant ceiling and visibility unlimited. This gave you a clear view your obstacles and allowed you to plan the best options to overcome them, the founders of CAVU Resources chose the name CAVU because they believe that the Company will be the embodiment of its name. CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado and Texas. The Company also owns two pipelines in its area of operations, which will be used for gathering its gas and oil and the gas and oil production of other producers. The Company has acquired leases and is currently exploring additional opportunities in oil, gas and helium leases. The company has acquired significant oil and gas equipment including rigs, trucks and completion equipment. CAVU's 100% owned subsidiaries, CAVU Energy Services, LLC provides contract conventional and directional drilling services to oil and natural gas exploration and production companies. CAVU Operating Company, LLC plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, Solar and security, taking advantage of the changing environment and in the world's need for new, green and innovative resources. More information is available at the company's website at http://www.cavu-resources.com ]]> General Trading Chat TRADEALLDAY http://www.trade2win.com/boards/general-trading-chat/79782-cavr.html http://www.trade2win.com/boards/general-trading-chat/79766-price-action-trading.html Wed, 18 Nov 2009 20:18:34 GMT Just wanted to start a thread on what methods people are using to trade via price action. I like the idea of not having any lagging indicators on my charts. I am just curious to see what's out there as far as price action educations or price action courses. I have read some encouraging information about trading strictly off of price and I am just trying to get a better idea of what other people think about it and what resources they have found helpful. I also thought it might be a good idea to post up some charts of price action signals I have found to be successful in the markets. Thanks a lot. ]]> General Trading Chat Tradingkid09 http://www.trade2win.com/boards/general-trading-chat/79766-price-action-trading.html http://www.trade2win.com/boards/general-trading-chat/79750-market-indices-forecas.html Wed, 18 Nov 2009 19:12:12 GMT Hi Everyone.


Me and my friend have an site that creates opening/closing forecasts for the european, US and Asian market.

What do you guys think of this information?

Is it useful to you?
If you think the info it's useful who would YOU use it.

All feedback is appreciated !

www.forecastworldindex.com


/ft ]]> General Trading Chat forumtroll http://www.trade2win.com/boards/general-trading-chat/79750-market-indices-forecas.html http://www.trade2win.com/boards/general-trading-chat/79738-gbrc.html Wed, 18 Nov 2009 16:47:29 GMT Hey all keep an eye on gbrc!! Im heariing rumors of news comeing after the close today!! Imo this stock is going to have an awesome run tmw and it is a good time to get in on the dip!! This company is useing mirowave technology to extract oil from a variety of things. Imo this comapany will have... Hey all keep an eye on gbrc!! Im heariing rumors of news comeing after the close today!! Imo this stock is going to have an awesome run tmw and it is a good time to get in on the dip!! This company is useing mirowave technology to extract oil from a variety of things. Imo this comapany will have great price apprecation and the charts are starting to shape up today!! Dont miss out on this one!!!!

Also keep on ur radar wdas, blap,bocl,wfsv, and gtla !!! ]]> General Trading Chat TRADEALLDAY http://www.trade2win.com/boards/general-trading-chat/79738-gbrc.html http://www.trade2win.com/boards/general-trading-chat/79716-spooked-spikes.html Wed, 18 Nov 2009 10:01:06 GMT no matter how many times I see them when you get spikes, such as just witnessed on GBP/YEN, GBP/USD, I never fail to get spooked/slightly paralysed...fortunately and it is no more than fortune (although I was in trades according to my plan) I'm was/remain the right side of the trades...still raises the blood presure though...:eek: ]]> General Trading Chat Black Swan http://www.trade2win.com/boards/general-trading-chat/79716-spooked-spikes.html http://www.trade2win.com/boards/general-trading-chat/79666-new-website-investors.html Tue, 17 Nov 2009 21:46:54 GMT I have heard a lot of chatter about this site being released sometime this week.

www.investimonials.com

Appears to be a site to help investors make an educated decision on any financial product. From dvds, books, brokers, etc...you name it they've got it.

What do you guys think about this idea?
:thumbsup: or :thumbsdow ? ]]> General Trading Chat investftw http://www.trade2win.com/boards/general-trading-chat/79666-new-website-investors.html